Patterson Trims FY24 Outlook - Update

(RTTNews) - While reporting financial results for the second quarter on Wednesday, medical supplies company Patterson Companies Inc. (PDCO) trimmed its earnings and adjusted earnings guidance for the full-year 2024.

For fiscal 2024, the company still projects earnings in a range of $2.04 to $2.14 per share and adjusted earnings in a range of $2.35 to $2.45 per share.

Previously, the company expected earnings in the range of $2.14 to $2.24 per share and adjusted earnings in the range of $2.45 to $2.55 per share.

On average, 12 analysts polled by Thomson Reuters expect the company to report earnings of $2.50 per share for the year. Analysts' estimates typically exclude special items.

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